Maybe this turns out to be an opportunity to go back to Bitcoin's original idea of using crypto as a Means of Payment. Not as a Store of Value as investors prefer. This conflict can only be solved by more real payment opportunities such as the Lightning Network, BitPay or similar platforms.

Just consider Bitcoin's hash price index (or Bitcoin Miner Monthly Revenue) as of today: both have gone down to zero at a 85k USD Bitcoin price. Means anything lower than 85k USD will force Bitcoin's mining industry into a downward consolidation path.

charts.bitbo.io/miner-monthl...